Nigeria’s newly enacted tax laws are being welcomed by business leaders as a long-awaited breakthrough that could stimulate economic growth, streamline compliance, and unlock productivity across sectors.
The Nigeria Employers’ Consultative Association (NECA), which draws membership from the private sector, said the new laws, signed into law in June by President Bola Tinubua and which takes effect in January 2026, provides clarity and relief after years of grappling with a fragmented and burdensome tax environment.
“Our immediate response
